Leases for all remaining New York Big Lots stores are for sale, pointing to probable closures as the company continues to work through the bankruptcy process.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are for sale. What about Tulare?
The company buying Big Lots has started to narrow down which stores will definitely close, including several Massachusetts locations.
DENVER — The new owner of Big Lots is selling more than 500 locations. Boston retail investment firm Gordon Brothers, which acquired the struggling Ohio-based retailer this month, has listed more than 500 Big Lots sites across the country for sale. The list includes four in Colorado totaling 122,485 square feet:
About 500 Big Lots stores are planned to close, including 23 more in Ohio. Here's a look at the latest on the Columbus-based retailer's bankruptcy.
Following the transformation and sale of Laura Ashley in January, Gordon Brothers thinks other high street brands are ripe to be turned into asset-light companies.
Boston, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, continues to expand and strengthen the firm’s executive group with the promotions of Kyle Shonak to Chief Transaction Officer, North America and Jim Lightburn to Global Head of Commercial & Industrial.
The company that owns the Big Lots brand is selling leases for stores nationwide, it recently said, and numerous Michigan locations are among those affected. Gordon Brothers, which calls itself a global asset expert, currently own Big Lots and is selling leases in 47 states across the country, including in Michigan.
Main Capital Partners portfolio company Pro4all has acquired STA Software, a quality management software provider for the construction industry.
“Word is there has likewise been trade interest registered in veteran guard Eric Gordon, who is shooting nearly 50 percent from three-point range in 14 games in January. The belief is that the Sixers want to gauge results over the next week-plus before firming up their trade deadline approach."
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.
About 500 Big Lots stores are planned to close, including 23 more in Ohio. Here's a look at the latest on the Columbus-based retailer's bankruptcy.